ANNUAL REPORT 2017

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(1)strategy | consulting | digital | technology | operations. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. ANNUAL REPORT 2017.

(2) DELIVERING FISCAL 2017 Accenture’s very strong financial performance in fiscal 2017 reflects the continued successful execution of our growth strategy—in particular, the rapid rotation of our business to new, high-growth areas.. Here are some highlights: • We delivered record net revenues of $34.9 billion, a 7 percent increase in local currency, with positive growth across the vast majority of our industry groups, geographic markets and businesses. • We generated very strong new bookings of $37.4 billion, a 6 percent increase in local currency. • Diluted earnings per share were $5.44, compared with $6.45 in fiscal 2016. After excluding a $0.47 per share pension settlement charge in fiscal 2017 and $1.11 per share in gains on the sale of businesses in fiscal 2016, adjusted EPS of $5.91 in fiscal 2017 increased 11 percent.. • Operating margin was 13.3 percent, compared with 14.6 percent in fiscal 2016. Excluding the pension settlement charge in fiscal 2017, adjusted operating margin was 14.8 percent, an expansion of 20 basis points from fiscal 2016. • We generated free cash flow of $4.5 billion and returned $4.2 billion in cash to shareholders through dividends and share repurchases. • We announced a 10 percent increase in our semi-annual dividend, to $1.33 per share, shortly after fiscal year-end.. 1. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. We delivered all the objectives in our initial business outlook for the year, driving broad-based revenue growth that significantly outpaced the market, as well as double-digit growth in earnings per share on an adjusted basis. We also generated excellent free cash flow and significantly increased our investments in the business, while again returning substantial cash to shareholders..

(3) We also reached an important milestone in fiscal 2017: Net revenues from what we call “the New”—digital, cloud and security services—grew about 30 percent to $18 billion, and accounted for 50 percent of total revenues for the first time. With our rapid rotation to the New and our highly diverse portfolio of business, we successfully executed in an uncertain and increasingly competitive environment and continued driving strong, profitable growth.. For the last three fiscal years combined, we delivered compound annual revenue growth of 9 percent in local currency, as well as 9 percent compound annual growth in adjusted earnings per share. Over the same three-year period, Accenture has delivered a compound annual total return to shareholders (including dividends) of 20 percent—twice the total return of the S&P 500 Index.. Leading in the New We are in the midst of a technology revolution that is disrupting and transforming businesses and entire industries around the world. In this context, we are working with our clients to apply innovation and intelligence at the heart of their organizations. Our combination of end-to-end capabilities and deep industry expertise—across Accenture Strategy, Accenture Consulting, Accenture Digital, Accenture Technology and Accenture Operations—is unique in the marketplace. We are competing at scale. in each of our five businesses and driving synergies across them to deliver tangible business outcomes for our clients. We also continue to leverage our unmatched position in the technology ecosystem as the largest independent services provider and the leading partner of many key players. This is why Accenture remains the partner of choice for so many of the world’s leading companies and largest government agencies. We serve more than three-quarters of the FORTUNE Global 500 and 95 of the top 100. We continue to build strong and enduring client relationships—all of our top 100 clients have been with us for at least five years, and 98 have been clients for 10 years or more. We are especially pleased with the leadership positions we have built in digital, cloud and security services as we rotate to the New consistently and successfully around the world. • Digital—Accenture Interactive has been recognized as the largest provider of digital marketing services—both globally and in the United States—and is working with many of the world’s leading brands to transform their customer experiences. We helped Melia Hotels, the European. 2. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Our very strong performance in fiscal 2017— on top of our outstanding results for the last two fiscal years—clearly demonstrates that we are executing our growth strategy in a durable and sustained way..

(4) • Cloud—Accenture is helping many leading companies migrate seamlessly to the cloud to realize the benefits of increased agility and lower costs. We are working with Hess, a leading global independent energy company, to implement a cloud-based, as-a-service operating model. With our cloud solutions, analytics and automation, Hess is increasing efficiency and agility across its asset base while benefiting from consumption-based pricing. • Security—We are working with clients to deliver comprehensive solutions spanning strategy development, risk management, cyber defense, digital identity, application security and managed security services. For a global retailer, we are modernizing its digital identity management system, embedding artificial intelligence, robotics process automation, chatbots and other advanced capabilities to enhance security, increase productivity and get products into stores faster. We are always looking ahead to anticipate the next big waves of growth, in areas such as artificial intelligence, blockchain, augmented reality and quantum computing. And we are already integrating these technologies into innovative solutions for many of our clients. Together with 1QBit, a quantum software firm, we recently collaborated with Biogen, the biotech company, to develop a new quantum-enabled molecular comparison application that could dramatically speed up drug discovery for complex neurological conditions.. Investing for the Future To make Accenture even more relevant and competitive, we continue to invest aggressively across the company—both organically and through strategic acquisitions. In fiscal 2017, we significantly stepped up our pace of acquisitions, deploying approximately $1.7 billion across 37 transactions—nearly twice our investment in fiscal 2016—with the majority of our acquisitions in the New. For Accenture, acquisitions are an engine to drive organic growth by enhancing our differentiation in the marketplace. In fiscal 2017, key acquisitions in digital included SinnerSchrader, a digital agency in Germany, and Paris-based OCTO Technology, a leading digital consulting firm. In cloud, we acquired DayNine, one of the largest providers of Workday solutions, and Phase One, a leader in Salesforce solutions for US federal clients. And in security, we acquired Arismore, a French company specializing in identity and access management, and iDefense, a cyber threat intelligence business.. “Our very strong performance in fiscal 2017 clearly demonstrates that we are executing our growth strategy in a durable and sustained way.“ We strengthened our capabilities in New IT, including Agile development methodologies, with the acquisitions of SolutionsIQ in the United States and Concrete Solutions in Brazil. In addition, we continue to build our expertise in key industries with acquisitions such as Kurt Salmon in retail, InvestTech in capital markets, and Seabury Group in aviation.. 3. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. hospitality company, implement a digital transformation strategy to increase sales through data-driven customer segmentation. In just one year, direct sales increased 27 percent and more than 1 million people joined Melia’s rewards program..

(5) As part of our innovation-led approach, we continue to open new facilities around the world. In fiscal 2017, we opened 16 Liquid Studios—where we accelerate software development—and eight delivery centers as well as innovation hubs in Bengaluru and Houston, which bring together multiple elements of our Innovation Architecture. We also opened The Dock in Dublin, a multidisciplinary research and incubation hub, where the entire Innovation Architecture comes to life. The Dock is a launch pad for more than 200 designers, developers, researchers and experts in artificial intelligence, advanced analytics, augmented reality and the Internet of Things to create and rapidly prototype innovative solutions for our clients. Accenture Labs, which celebrated its 30th anniversary during the year, is applying technology not just for clients, but also to solve complex social challenges through its “Tech4Good” initiative. Our team in Bengaluru developed an artificial intelligence smartphone solution that delivers real-time narration to help the blind navigate the world and live more productive lives.. Our People and Our Communities As a professional services company, Accenture’s people ultimately make the difference in driving. innovation and delivering high-quality services to clients. That is why attracting the very best people and investing to further develop their skills are among our highest priorities. In fiscal 2017, we invested $935 million in learning and professional development for our employees, including substantial investments in re-skilling to help them stay relevant in key areas such as cloud, artificial intelligence and robotics. In addition, in just over 18 months, we trained more than 160,000 people in New IT, including automation, Agile development and intelligent platforms. At Accenture, we have an unwavering commitment to inclusion and diversity, and we offer an inclusive environment regardless of ethnicity, religion, gender, sexual orientation, age or disability. With our focus on gender equality, we are pleased that women now represent more than 40 percent of our total workforce. Quite simply, our rich diversity makes Accenture stronger, smarter and more innovative. We are also committed to achieving our vision of improving the way the world works and lives—from closing employment gaps to advancing sustainable economic growth. With our global capabilities, digital experience and innovation mindset, we develop solutions that address a wide range of social challenges. By using technology to scale our impact, we are well on our way to achieving our Skills to Succeed goal of equipping more than 3 million people by 2020 with the skills to get a job or build a business. And through our commitment to environmental sustainability, we continue to improve our energy efficiency and to decrease per-employee carbon emissions by leveraging the latest collaborative technologies.. 4. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. We also continue to make significant investments in our unique Accenture Innovation Architecture. Leveraging specialized capabilities across the company—from research, ventures and labs to studios, innovation centers and delivery centers— we are pioneering new ways of collaborating with clients to co-create, scale and deliver disruptive, cutting-edge solutions..

(6) We are especially proud that Accenture was recognized for the second year in a row on FORTUNE’s Change the World list for our use of data analytics to help health care clients save patients’ lives. In addition, we were pleased to be recognized once again by FORTUNE as one of the “100 Best Companies to Work For,” and by Ethisphere as one of the “World’s Most Ethical Companies.”. Pierre Nanterme Chairman & CEO October 26, 2017. 5. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. In closing, I want to thank all Accenture people for their dedication and passion in delivering value for our clients and our company. We finished fiscal 2017 with strong momentum, positioning us well for the new fiscal year. With our highly differentiated capabilities and focused investments in the New—together with our disciplined management of the business—I am confident in our ability to continue driving sustainable, profitable growth..

(7) We delivered a durable and balanced performance in fiscal 2017 as we continued rotating to “the New“ — digital, cloud and security services. Twelve months ended August 31, 2017 NEW BOOKINGS. $34.9B. $37.4B. An increase of 7 percent in local currency and 6 percent in US dollars from fiscal 2016. Includes $18 billion from “the New”— an increase of about 30 percent in local currency. An increase of 6 percent in local currency and in US dollars from fiscal 2016. DILUTED EARNINGS PER SHARE. OPERATING MARGIN. $5.44. GAAP. 13.3%. GAAP. After excluding a $0.47 pension settlement charge in fiscal 2017 and $1.11 in gains on the sale of businesses in fiscal 2016, adjusted EPS of $5.91 increased 11 percent from $5.34 in fiscal 2016. After excluding a 150 basis-point impact from a pension settlement charge, adjusted operating margin was 14.8 percent, an expansion of 20 basis points from fiscal 2016. FREE CASH FLOW. CASH RETURNED TO SHAREHOLDERS. $4.5B. $4.2B. Defined as operating cash flow of $5.0 billion net of property and equipment additions of $516 million. Defined as cash dividends of $1.57 billion plus share repurchases of $2.65 billion. 6. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. NET REVENUES.

(8) Comparison of Cumulative Total Return August 31, 2012 — August 31, 2017 Accenture vs. S&P 500 Stock Index and S&P 500 Information Technology Sector Index The performance graph to the right shows the cumulative total shareholder return on our Class A. $300. $250. $200. $150. shares for the period starting on August 31, 2012, and ending on August 31, 2017, which was the end of fiscal 2017. This is compared with the cumula-. $100. tive total returns over the same period of the S&P 500 Stock Index and the S&P 500 Information Technology Sector Index. The graph assumes that,. $50. on August 31, 2012, $100 was invested in our Class A shares and $100 was invested in each of the other two indices, with dividends reinvested on the. $0 2012. ex-dividend date without payment of any commis-. 2013. 2014. 2015. 2016. 2017. sions. The performance shown in the graph considered an indication of future performance.. Accenture. S&P 500 Stock Index. S&P 500 Information Technology Sector Index. Index Prices as of August 31 2012. 2013. 2014. 2015. 2016. 2017. Accenture. $100. $120. $138. $164. $205. $238. S&P 500 Stock Index. $100. $119. $149. $149. $168. $195. S&P 500 Information Technology Sector Index. $100. $105. $141. $144. $171. $225. 7. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. represents past performance and should not be.

(9) RECOGNIZED AMONG. RANKED NO. 24 ON. RANKED NO. 272 ON. FORTUNE’s World’s Most Admired Companies. Barron’s 500. Forbes’ Global 2000. marking 15 consecutive years and two as the top-ranked company in industry sector. marking 14 consecutive years. RANKED NO. 305 ON. RANKED NO. 37 ON. RECOGNIZED IN. FORTUNE’s Global 500. Interbrand's Best Global Brands. CDP's Climate Change Report. marking 16 consecutive years. as a leading company for reducing emissions and mitigating climate change. INCLUDED ON. INCLUDED ON. DEBUTED AT NO. 53 ON. Dow Jones Sustainability Index North America and FTSE4GOOD Global Index. FORTUNE’s Change the World list. Barron’s 100 Most Respected American Companies. for 15 consecutive years; ranked No. 1 in IT Services category for four years. marking 16 consecutive years. for 13 consecutive years. of the 50 best companies putting purpose at the center of their business strategies. RECOGNIZED AMONG. INCLUDED ON. RANKED NO. 12 ON THE. Ethisphere's World's Most Ethical Companies. FORTUNE’s 100 Best Companies to Work For. Thomson Reuters Diversity & Inclusion Index. for 10 consecutive years. for nine consecutive years. marking two consecutive years. RECOGNIZED ON. JOINED. RECEIVED A PERFECT SCORE ON. DiversityInc's Top 50 Companies for Diversity. Working Mother's 100 Best Companies Hall of Fame. Human Rights Campaign's Corporate Equality Index. for 11 consecutive years and six in the top 15. recognizing 15 consecutive years. each year since 2008 8. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. AWARDS AND RECOGNITION.

(10) Accenture plc Class A ordinary shares are traded on the New York Stock Exchange under the symbol ACN.. Available information Our website address is accenture.com. We use our website as a channel of distribution for company information. We make available free of charge on the Investor Relations section of our website (investor.accenture.com) our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission (the “SEC”) pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (the “Exchange Act”). We also make available through our website other reports filed with or furnished to the SEC under the Exchange Act, including our proxy statements and reports filed by officers and directors under Section 16(a) of the Exchange Act, as well as our Code of Business Ethics. Financial and other material information regarding Accenture is routinely posted on and accessible at investor. accenture.com. We do not intend for information contained in this letter or on our website to be part of the Annual Report on Form 10-K. This letter and our Annual Report on Form 10-K for the fiscal year ended August 31, 2017, together constitute Accenture’s annual report to security holders for purposes of Rule 14a-3(b) of the Exchange Act.. Accenture discloses information about “the New”—digital, cloud and security services—to provide additional insights into the company’s business. Net revenues for the New are approximate, require judgment to allocate revenues for arrangements with multiple offerings and may be modified to reflect periodic changes to the definition of the New.. Trademark references Rights to trademarks referenced herein, other than Accenture trademarks, belong to their respective owners. We disclaim proprietary interest in the marks and names of others.. Forward-looking statements and certain factors that may affect our business We have included in this letter “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act relating to our operations, results of operations and other matters that are based on our current expectations, estimates, assumptions and projections. Words such as “will,” “expect,” “believe” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forwardlooking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ. materially from what is expressed or forecast in these forward-looking statements. Risks, uncertainties and other factors that might cause such differences, some of which could be material, include, but are not limited to, the factors discussed in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available through the Investor Relations section of our website at investor.accenture. com) under the sections entitled “Risk Factors.” Our forward-looking statements speak only as of the date of this letter or as of the date they are made, and we undertake no obligation to update them.. Reconciliation of non-GAAP measures This letter contains certain non-GAAP (Generally Accepted Accounting Principles) measures that our management believes provide our shareholders with additional insights into Accenture’s results of operations. The non-GAAP measures in this letter are supplemental in nature. They should not be considered in isolation or as alternatives to net income as indicators of company performance, to cash flows from operating activities as measures of liquidity, or to other financial information prepared in accordance with GAAP. Reconciliations of this non-GAAP financial information to Accenture’s financial statements as prepared under GAAP are included in this letter.. All amounts throughout this letter are stated in US dollars, except where noted.. 9. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Stock listing.

(11) Table of Contents. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549. FORM 10-K (Mark One). þ. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2017 OR. ¨. TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Commission File Number: 001-34448. Accenture plc (Exact name of registrant as specified in its charter). Ireland. 98-0627530. (State or other jurisdiction of incorporation or organization). (I.R.S. Employer Identification No.). 1 Grand Canal Square, Grand Canal Harbour, Dublin 2, Ireland (Address of principal executive offices). (353) (1) 646-2000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered New York Stock Exchange. Securities registered pursuant to Section 12(g) of the Act: Class X ordinary shares, par value $0.0000225 per share (Title of Class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes þ No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934. Yes o No þ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þ No o Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. þ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer þ. Accelerated filer o. Non-accelerated filer o. Smaller reporting company o. Emerging growth company o. (Do not check if a smaller reporting company). If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes o No þ The aggregate market value of the common equity of the registrant held by non-affiliates of the registrant on February 28, 2017 was approximately $75,959,847,390 based on the closing price of the registrant’s Class A ordinary shares, par value $0.0000225 per share, reported on the New York Stock Exchange on such date of $122.50 per share and on the par value of the registrant’s Class X ordinary shares, par value $0.0000225 per share. The number of shares of the registrant’s Class A ordinary shares, par value $0.0000225 per share, outstanding as of October 12, 2017 was 639,452,499 (which number includes 24,734,683 issued shares held by the registrant). The number of shares of the registrant’s Class X ordinary shares, par value $0.0000225 per share, outstanding as of October 12, 2017 was 20,506,404. DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement to be filed with the Securities and Exchange Commission pursuant to Regulation 14A relating to the registrant’s Annual General Meeting of Shareholders, to be held on February 7, 2018, will be incorporated by reference in this Form 10-K in response to Items 10, 11, 12, 13 and 14 of Part III. The definitive proxy statement will be filed with the SEC not later than 120 days after the registrant’s fiscal year ended August 31, 2017.. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Title of each class Class A ordinary shares, par value $0.0000225 per share.

(12) Table of Contents. TABLE OF CONTENTS. Page. Item 6. Item 7. Item 7A. Item 8. Item 9. Item 9A. Item 9B. Part III Item 10. Item 11. Item 12.. Business Risk Factors Unresolved Staff Comments Properties Legal Proceedings Mine Safety Disclosures. 1 9 22 22 22 22. Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities Selected Financial Data Management’s Discussion and Analysis of Financial Condition and Results of Operations Quantitative and Qualitative Disclosures about Market Risk Financial Statements and Supplementary Data Changes in and Disagreements With Accountants on Accounting and Financial Disclosure Controls and Procedures Other Information. 24 27 28 44 44 45 45 45. Directors, Executive Officers and Corporate Governance Executive Compensation Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters Certain Relationships and Related Transactions, and Director Independence Principal Accounting Fees and Services. Item 13. Item 14. Part IV Item 15. Exhibits, Financial Statement Schedules Item 16. Form 10-K Summary Signatures. 46 46 46 47 47 48 50 51. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Part I Item 1. Item 1A. Item 1B. Item 2. Item 3. Item 4. Part II Item 5..

(13) Table of Contents. PART I Disclosure Regarding Forward-Looking Statements This Annual Report on Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) relating to our operations, results of operations and other matters that are based on our current expectations, estimates, assumptions and projections. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. Risks, uncertainties and other factors that might cause such differences, some of which could be material, include, but are not limited to, the factors discussed below under the section entitled “Risk Factors.” Our forward-looking statements speak only as of the date of this report or as of the date they are made, and we undertake no obligation to update them. Available Information Our website address is www.accenture.com. We use our website as a channel of distribution for company information. We make available free of charge on the Investor Relations section of our website (http:// investor.accenture.com) our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and all amendments to those reports as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission (the “SEC”) pursuant to Section 13(a) or 15(d) of the Exchange Act. We also make available through our website other reports filed with or furnished to the SEC under the Exchange Act, including our proxy statements and reports filed by officers and directors under Section 16(a) of the Exchange Act, as well as our Code of Business Ethics. Financial and other material information regarding us is routinely posted on and accessible at http://investor.accenture.com. We do not intend for information contained in our website to be part of this Annual Report on Form 10-K. Any materials we file with the SEC may be read and copied at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC, 20549. Information on the operation of the Public Reference Room may be obtained by calling the SEC at 1-800-SEC-0330. The SEC maintains an Internet site (http://www.sec.gov) that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC. In this Annual Report on Form 10-K, we use the terms “Accenture,” “we,” the “Company,” “our” and “us” to refer to Accenture plc and its subsidiaries. All references to years, unless otherwise noted, refer to our fiscal year, which ends on August 31. ITEM 1.. BUSINESS. Accenture is one of the world’s leading professional services companies with approximately 425,000 people serving clients in a broad range of industries and in three geographic regions: North America, Europe and Growth Markets (Asia Pacific, Latin America, Africa, the Middle East, Russia and Turkey). Our five operating groups, organized by industry, bring together expertise from across the organization in strategy, consulting, digital, technology including application services, and operations to deliver end-to-end services and solutions to clients. Digital-, cloud- and securityrelated services, which we refer to as “the New,” are increasingly important components of the services we provide. For fiscal 2017, our revenues before reimbursements (“net revenues”) were $34.9 billion. We operate globally with one common brand and business model, providing clients around the world with the same high level of service. Drawing on a combination of industry and functional expertise, technology and innovation capabilities, alliance relationships, and our global delivery resources, we seek to provide differentiated, innovative services that help our clients measurably improve their business performance and create sustainable value for their customers and stakeholders. Our global delivery capability enables us to assemble integrated teams to provide highquality, cost-effective solutions to our clients. In fiscal 2017, we continued to implement a strategy focused on industry and technology differentiation, increasingly taking an innovation-led approach to drive value for clients. We serve clients in locally relevant ways, leveraging our global organization as appropriate. As part of our growth strategy in fiscal 2017, we significantly increased our investments in strategic acquisitions—and also continued to invest in assets and offerings, in branding and thought leadership, and in attracting and developing talent—to further enhance our differentiation and competitiveness.. 1. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Overview.

(14) Table of Contents. Operating Groups Our five operating groups are Accenture’s reporting segments and primary market channel, organized around 13 industry groups that serve clients globally in more than 40 industries. Our industry focus gives us an understanding of industry evolution, business issues and applicable technologies, enabling us to deliver innovative solutions tailored to each client or, as appropriate, more standardized capabilities to multiple clients. The operating groups assemble integrated client engagement teams, which typically consist of industry experts, capability specialists and professionals with local market knowledge. The operating groups have primary responsibility for building and sustaining long-term client relationships; providing management and technology consulting services; orchestrating our expertise and working synergistically with the other parts of our business to sell and deliver the full range of our services and capabilities; ensuring client satisfaction; and achieving revenue and profitability objectives. The following table shows the current organization of our five operating groups. We do not allocate total assets by operating group, although our operating groups do manage and control certain assets. For certain historical financial information regarding our operating groups (including certain asset information), as well as financial information by geography (including long-lived asset information), see Note 16 (Segment Reporting) to our Consolidated Financial Statements under Item 8, “Financial Statements and Supplementary Data.” Operating Groups and Industry Groups Communications, Media & Technology. Financial Services. • Communications & Media • High Tech • Software & Platforms. • Banking & Capital Markets • Insurance. Health & Public Service • Health • Public Service. Products. Resources. • Consumer Goods, Retail & Travel Services • Industrial • Life Sciences. • Chemicals & Natural Resources • Energy • Utilities. Communications, Media & Technology Our Communications, Media & Technology operating group serves communications, media, high tech, software and platform companies. Professionals in this operating group help clients accelerate and deliver digital transformation, developing comprehensive, industry-specific solutions to seize new opportunities and enhance efficiencies and business results. Examples of our services include helping clients capture new growth by shifting to data-driven and platform-based models, optimizing their cost structures, increasing product and business model innovation, and differentiating and scaling digital experiences for their customers. Our Communications, Media & Technology operating group comprises the following industry groups:. • Our High Tech industry group serves the enterprise technology, network equipment, semiconductor, consumer technology, aerospace & defense, and medical equipment industries. This group represented approximately 29% of our Communications, Media & Technology operating group’s net revenues in fiscal 2017. • Our Software & Platforms industry group serves computer software and digital platform companies. This group represented approximately 17% of our Communications, Media & Technology operating group’s net revenues in fiscal 2017. Financial Services Our Financial Services operating group serves the banking, capital markets and insurance industries. Professionals in this operating group work with clients to address growth, cost and profitability pressures, industry consolidation, regulatory changes and the need to continually adapt to new digital technologies. We offer services designed to help our clients increase cost efficiency, grow their customer base, manage risk and transform their operations. Our Financial Services operating group comprises the following industry groups: • Our Banking & Capital Markets industry group serves retail and commercial banks, mortgage lenders, payment providers, investment banks, wealth and asset management firms, broker/dealers, depositories, exchanges, clearing and settlement organizations, and other diversified financial enterprises. This group represented approximately 72% of our Financial Services operating group’s net revenues in fiscal 2017. • Our Insurance industry group serves property and casualty insurers, life insurers, reinsurance firms and insurance brokers. This group represented approximately 28% of our Financial Services operating group’s net revenues in fiscal 2017. 2. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. • Our Communications & Media industry group serves most of the world’s leading wireline, wireless, broadcast, entertainment, print, publishing, cable and satellite communications service providers. This group represented approximately 54% of our Communications, Media & Technology operating group’s net revenues in fiscal 2017..

(15) Table of Contents. Health & Public Service Our Health & Public Service operating group serves healthcare payers and providers, as well as government departments and agencies, public service organizations, educational institutions and non-profit organizations around the world. The group’s research-based insights and offerings, including consulting services and digital solutions, are designed to help clients deliver better social, economic and health outcomes to the people they serve. Our Health & Public Service operating group comprises the following industry groups: • Our Health industry group works with healthcare providers, such as hospitals, public health systems, policymaking authorities, health insurers (payers), and industry organizations and associations around the world to improve the quality, accessibility and productivity of healthcare. This group represented approximately 39% of our Health & Public Service operating group’s net revenues in fiscal 2017. • Our Public Service industry group helps governments transform the way they deliver public services and engage with citizens. We work primarily with defense departments and military forces; public safety authorities, such as police forces and border management agencies; justice departments; human services agencies; educational institutions, such as universities; non-profit organizations; and postal, customs, revenue and tax agencies. Our work with clients in the U.S. federal government is delivered through Accenture Federal Services, a U.S. company and a wholly owned subsidiary of Accenture LLP. Our Public Service industry group represented approximately 61% of our Health & Public Service operating group’s net revenues in fiscal 2017. Our work with clients in the U.S. federal government represented approximately 36% of our Health & Public Service operating group’s net revenues in fiscal 2017. Products Our Products operating group serves a set of increasingly interconnected consumer-relevant industries. Our offerings are designed to help clients transform their organizations and increase their relevance in the digital world. We help clients enhance their performance in distribution and sales and marketing; in research and development and manufacturing; and in business functions such as finance, human resources, procurement and supply chain while leveraging technology. Our Products operating group comprises the following industry groups: • Our Consumer Goods, Retail & Travel Services industry group serves food and beverage, household goods, personal care, tobacco, fashion/apparel, agribusiness and consumer health companies; supermarkets, hardline retailers, mass-merchandise discounters, department stores and specialty retailers; as well as airlines and hospitality and travel services companies. This group represented approximately 56% of our Products operating group’s net revenues in fiscal 2017.. • Our Life Sciences industry group serves pharmaceutical, medical technology and biotechnology companies. This group represented approximately 21% of our Products operating group’s net revenues in fiscal 2017. Resources Our Resources operating group serves the chemicals, energy, forest products, metals and mining, utilities and related industries. We work with clients to develop and execute innovative strategies, improve operations, manage complex change initiatives and integrate digital technologies designed to help them differentiate themselves in the marketplace, gain competitive advantage and manage their large-scale capital investments. Our Resources operating group comprises the following industry groups: • Our Chemicals & Natural Resources industry group works with a wide range of industry segments, including petrochemicals, specialty chemicals, polymers and plastics, gases and agricultural chemicals, among others, as well as the metals, mining, forest products and building materials industries. This group represented approximately 27% of our Resources operating group’s net revenues in fiscal 2017. • Our Energy industry group serves a wide range of companies in the oil and gas industry, including upstream, downstream, oil services and new energy companies. This group represented approximately 26% of our Resources operating group’s net revenues in fiscal 2017. • Our Utilities industry group works with electric, gas and water utilities around the world. This group represented approximately 47% of our Resources operating group’s net revenues in fiscal 2017.. 3. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. • Our Industrial industry group works with automotive manufacturers and suppliers; freight and logistics companies; industrial and electrical equipment, consumer durable and heavy equipment companies; and construction and infrastructure management companies. This group represented approximately 23% of our Products operating group’s net revenues in fiscal 2017..

(16) Table of Contents. Services and Solutions Our operating groups bring together expertise from Accenture Strategy, Accenture Consulting, Accenture Digital, Accenture Technology and Accenture Operations to develop and deliver integrated services and solutions for our clients. Accenture Strategy Accenture Strategy helps clients achieve specific business outcomes and enhance shareholder value by defining and executing industry-specific strategies enabled by technology. We bring together our strategy capabilities in business and technology to help senior management teams shape and execute their transformation objectives, focusing on issues related to digital disruption, competitive agility, global operating models and the future workforce. We provide a range of strategy services focused on areas such as digital technologies; enterprise architecture and applications; CFO and enterprise value; IT; security; mergers and acquisitions; operations; advanced customer services; sustainability; and talent and organization. Accenture Consulting Accenture Consulting provides industry experts with the insights and management and technology consulting capabilities to transform the world’s leading companies. Our consulting capabilities enable our clients to design and implement transformational change programs, either for one or more functions or business units, or across their entire organization. We provide industry-specific consulting services, as well as functional and technology consulting services. Our functional and technology consulting services include finance and enterprise performance; supply chain and operations; talent and organization; customers and channels; applications and architecture advisory; and technology advisory. We help our clients with the digital transformation of industries, enhancing our consulting services with digital, cloud, cybersecurity, artificial intelligence and blockchain capabilities. Accenture Digital Accenture Digital combines our capabilities in digital marketing, analytics and mobility to help clients unlock value by designing new experiences for customers and employees, embedding intelligence into their operations, creating new products and business models, and transforming their digital enterprise capabilities and connections. We provide digital services across three broad areas: • Accenture Interactive. Our end-to-end marketing solutions help clients deliver seamless multi-channel customer experiences and enhance their marketing performance. Our services span customer experience design, digital marketing, personalization and commerce, as well as digital content production and operations.. • Accenture Mobility. We provide clients with practical innovations in connectivity and the Internet of Things to transform business processes and enable new operating models. Our end-to-end mobility capabilities include collecting and exchanging valuable data through connected devices, mobile applications, embedded software and sensor technology. Accenture Technology Accenture Technology comprises two primary areas: technology services and technology innovation & ecosystem. • Technology Services. Technology Services includes our application services spanning systems integration and application outsourcing and covering the full application lifecycle, from custom systems to all emerging technologies, across every leading technology platform (both traditional and cloud/software-as-a-servicebased). It also includes our global delivery capability in Technology and portfolio of products and intelligent platforms. We continuously innovate new services, capabilities and platforms through early adoption of technologies such as artificial intelligence, machine learning and intelligent automation to enhance productivity and create new growth opportunities. • Technology Innovation & Ecosystem. We harness innovation through the research and development activities in the Accenture Labs and through emerging technologies. We also develop and manage our alliance relationships across a broad range of technology providers, including Amazon Web Services, Apple, Google, Microsoft, Oracle, Pegasystems, salesforce.com, SAP, Workday and many others, to enhance the value that we and our clients realize from the technology ecosystem. 4. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. • Accenture Analytics. We deliver insight-driven outcomes at scale to help clients improve performance. Our capabilities range from implementing analytics technologies such as big data to advanced mathematical modeling and sophisticated statistical analysis. Our services enhance business performance and productivity outcomes through advanced analytics, artificial intelligence and collaboration capabilities..

(17) Table of Contents. Accenture Operations Accenture Operations provides business process services, infrastructure services, security services and cloud services. We operate infrastructure and business processes on behalf of clients, increasingly powered by data, artificial intelligence, analytics and digital technologies, on an as-a-service basis, to help improve their productivity, experience and performance. • Business Process Services. We offer services for specific business functions, such as finance and accounting, procurement, marketing, human resources and learning, as well as industry-specific services, such as credit and health services. We provide these services on a global basis and across industry sectors through our global delivery capability. • Infrastructure and Cloud Services. We provide design, implementation, migration and managed services for security and infrastructure to help organizations take advantage of innovative technologies and improve the efficiency and effectiveness of their existing technology. Our solutions help clients transform and optimize their IT infrastructures—whether on-premise, in the cloud, or a hybrid of the two. Global Delivery Capability A key differentiator is our global delivery capability, which allows us to draw on the benefits of using people and other resources from around the world—including scalable, standardized processes, methods and tools; automation and artificial intelligence; industry expertise and specialized capabilities; cost advantages; foreign language fluency; proximity to clients; and time zone advantages—to deliver high-quality solutions. Emphasizing quality, productivity, reduced risk, speed to market and predictability, our global delivery model supports all parts of our business to provide clients with price-competitive services and solutions. Alliances We have sales and delivery alliances with companies whose capabilities complement our own by, among other things, enhancing a service offering, delivering a new technology or helping us extend our services to new geographies. By combining our alliance partners’ products and services with our own capabilities and expertise, we create innovative, high-value business solutions for our clients. Most of our alliances are non-exclusive. These alliances can generate significant revenues from services we provide to implement our alliance partners’ products as well as revenue from the resale of their products. Research and Innovation. We view innovation as a source of competitive advantage. We seek to generate early insights into how knowledge can be harnessed to create innovative business solutions for our clients and to develop business strategies with significant value. Our innovation capabilities include research and thought leadership to identify market, technology and industry trends. Through Accenture Ventures, we partner with and invest in growth-stage companies that create innovative enterprise technologies. Accenture Labs incubate and prototype new concepts through applied research and development projects. In addition, our studios, innovation centers and delivery centers build and scale the delivery of our innovations. Employees As a talent-led organization, one of our key goals is to have the best talent, with highly specialized skills in each part of our business, at the right levels in the right locations, to enhance our differentiation and competitiveness. We are deeply committed to the career development of our employees, who receive significant and focused technical, functional, industry, managerial and leadership skill development and training appropriate for their roles and levels within the Company. We provide our people with expert content and opportunities to collaborate in a broad range of physical and virtual learning environments. We seek to reinforce our employees’ commitments to our clients, culture and values through a comprehensive performance management and compensation system and a career philosophy that provides rewards based on individual and Company performance. With our commitment to inclusion and diversity, we strive to maintain a work environment that reinforces collaboration, motivation and innovation and is consistent with our core values and Code of Business Ethics.. 5. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. We are committed to developing leading-edge ideas. Research and innovation, which is a component of our overall investment in our business, have been major factors in our success, and we believe they will help us continue to grow in the future. We use our investment in research and development—on which we spent $704 million, $643 million and $626 million in fiscal 2017, 2016 and 2015, respectively—to help create, commercialize and disseminate innovative business strategies and technology solutions. We spend a significant portion of our research and development investment to develop market-ready solutions for our clients..

(18) Table of Contents. As of August 31, 2017, we employed approximately 425,000 people and had offices and operations in more than 200 cities in 53 countries. Competition We operate in a highly competitive and rapidly changing global marketplace and compete with a variety of organizations that offer services and solutions competitive with those we offer. Our competitors include: • large multinational providers, including the services arms of large global technology providers (hardware, equipment and software), that offer some or all of the services and solutions that we do; • off-shore service providers in lower-cost locations, particularly in India, that offer services globally that are similar to the services and solutions we offer; • accounting firms that provide consulting and other services and solutions in areas that compete with us; • solution or service providers that compete with us in a specific geographic market, industry segment or service area, including digital and advertising agencies and emerging start-ups and other companies that can scale rapidly to focus on or disrupt certain markets and provide new or alternative products, services or delivery models; and • in-house departments of large corporations that use their own resources, rather than engage an outside firm for the types of services and solutions we provide. Our revenues are derived primarily from Fortune Global 500 and Fortune 1000 companies, medium-sized companies, governments, government agencies and other enterprises. We believe that the principal competitive factors in the industries in which we compete include: • skills and capabilities of people; • technical and industry expertise; • innovative service and product offerings; • ability to add business value and improve performance; • reputation and client references; • contractual terms, including competitive pricing; • ability to deliver results reliably and on a timely basis; • scope of services; • service delivery approach; • quality of services and solutions; • global reach and scale, including level of presence in key emerging markets. Our clients typically retain us on a non-exclusive basis. Intellectual Property We provide value to our clients based in part on a differentiated range of proprietary inventions, methodologies, software, reusable knowledge capital and other intellectual property. We recognize the increasing value of intellectual property in the marketplace and create, harvest, and protect this intellectual property. We leverage patent, trade secret, copyright and trademark laws as well as contractual arrangements to protect our intellectual property. We have also established policies to respect the intellectual property rights of third parties, such as our clients, partners and others. As of August 31, 2017, we had a portfolio of over 3,575 patents and over 2,450 patent applications pending worldwide. To protect the Accenture brand, one of our most valuable assets, we rely on intellectual property laws and trademark registrations held around the world. Trademarks appearing in this report are the trademarks or registered trademarks of Accenture Global Services Ltd., Accenture Global Solutions Ltd., or third parties, as applicable.. 6. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. • availability of appropriate resources; and.

(19) Table of Contents. Organizational Structure Accenture plc is an Irish public limited company with no material assets other than ordinary and deferred shares in its subsidiary, Accenture Holdings plc, an Irish public limited company. Accenture plc owns a majority voting interest in Accenture Holdings plc, and Accenture plc’s only business is to hold these shares. As a result, Accenture plc controls Accenture Holdings plc’s management and operations and consolidates Accenture Holdings plc’s results in its Consolidated Financial Statements. We operate our business through subsidiaries of Accenture Holdings plc. Accenture Holdings plc generally reimburses Accenture plc for its expenses but does not pay Accenture plc any fees. History Prior to our transition to a corporate structure in fiscal 2001, we operated as a series of related partnerships and corporations under the control of our partners. In connection with our transition to a corporate structure, our partners generally exchanged all of their interests in these partnerships and corporations for Accenture Ltd Class A common shares or, in the case of partners in certain countries, Class I common shares of Accenture SCA, a Luxembourg partnership limited by shares and direct subsidiary of Accenture Ltd (“Accenture SCA”), or exchangeable shares issued by Accenture Canada Holdings Inc., an indirect subsidiary of Accenture SCA. Generally, partners who received Accenture SCA Class I common shares or Accenture Canada Holdings Inc. exchangeable shares also received a corresponding number of Accenture Ltd Class X common shares, which entitled their holders to vote at Accenture Ltd shareholder meetings but did not carry any economic rights. The combination of the Accenture Ltd Class X common shares and the Accenture SCA Class I common shares or Accenture Canada Holdings Inc. exchangeable shares gave these partners substantially similar economic and governance rights as holders of Accenture Ltd Class A common shares. On June 10, 2009, Accenture plc was incorporated in Ireland, as a public limited company, in order to effect moving the place of incorporation of our parent holding company from Bermuda to Ireland. This transaction was completed on September 1, 2009, at which time Accenture Ltd, our predecessor holding company, became a wholly owned subsidiary of Accenture plc and Accenture plc became our parent holding company. Accenture Ltd was dissolved on December 29, 2009.. All references to Accenture Holdings plc included in this report with respect to periods prior to August 26, 2015 reflect the activity and/or balances of Accenture SCA (the predecessor of Accenture Holdings plc). The Consolidated Financial Statements reflect the ownership interests in Accenture Holdings plc and Accenture Canada Holdings Inc. held by certain current and former members of Accenture Leadership as noncontrolling interests. “Accenture Leadership” is comprised of members of our global management committee (the Company’s primary management and leadership team, which consists of approximately 20 of our most senior leaders), senior managing directors and managing directors. The noncontrolling ownership interests percentage was 4% as of August 31, 2017. Accenture plc Class A and Class X Ordinary Shares Each Class A ordinary share and each Class X ordinary share of Accenture plc entitles its holder to one vote on all matters submitted to a vote of shareholders of Accenture plc. A Class X ordinary share does not, however, entitle its holder to receive dividends or to receive payments upon a liquidation of Accenture plc. As described above under “—History,” Class X ordinary shares generally provide the holders of Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares with a vote at Accenture plc shareholder meetings that is equivalent to the voting rights held by Accenture plc Class A ordinary shareholders, while their economic rights consist of interests in Accenture Holdings plc ordinary shares or in Accenture Canada Holdings Inc. exchangeable shares. Under its memorandum and articles of association, Accenture plc may redeem, at its option, any Class X ordinary share for a redemption price equal to the nominal value of the Class X ordinary share, or $0.0000225 per share. Accenture plc, as successor to Accenture Ltd, has separately agreed with the original holders of Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares not to redeem any Class X ordinary share of such holder if the redemption would reduce the number of Class X ordinary shares held by that holder to a number that is less than the number of Accenture Holdings plc ordinary shares or Accenture Canada Holdings Inc. exchangeable shares owned by that holder. Accenture plc will redeem Class X ordinary shares upon the redemption or exchange of Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares so that the aggregate number of Class X ordinary shares outstanding at any time does not exceed the aggregate number. 7. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. On April 10, 2015, Accenture Holdings plc was incorporated in Ireland, as a public limited company, in order to further consolidate Accenture’s presence in Ireland. On August 26, 2015, Accenture SCA merged with and into Accenture Holdings plc, with Accenture Holdings plc as the surviving entity. This merger was a transaction between entities under common control and had no effect on the Company’s Consolidated Financial Statements..

(20) Table of Contents. of Accenture Holdings plc ordinary shares and Accenture Canada Holdings Inc. exchangeable shares outstanding. Class X ordinary shares are not transferable without the consent of Accenture plc. A transfer of Accenture plc Class A ordinary shares effected by transfer of a book-entry interest in The Depository Trust Company will not be subject to Irish stamp duty. Other transfers of Accenture plc Class A ordinary shares may be subject to Irish stamp duty (currently at the rate of 1% of the price paid or the market value of the Class A ordinary shares acquired, if higher) payable by the buyer. Accenture Holdings plc Ordinary and Deferred Shares Only Accenture plc, Accenture Holdings plc, Accenture International S.à.r.l. and certain current and former members of Accenture Leadership and their permitted transferees hold Accenture Holdings plc ordinary shares. Each ordinary share entitles its holder to one vote on all matters submitted to the shareholders of Accenture Holdings plc and entitles its holder to dividends and liquidation payments. As of October 12, 2017, Accenture plc holds a voting interest of approximately 96% of the aggregate outstanding Accenture Holdings plc ordinary shares entitled to vote, with the remaining 4% of the voting interest held by certain current and former members of Accenture Leadership and their permitted transferees. Only Accenture plc beneficially holds Accenture Holdings plc deferred shares. The deferred shares were issued solely to ensure that Accenture Holdings plc satisfies Irish law minimum share capital requirements for public limited companies at all times and carry no voting rights or income rights and have only limited rights on a return of capital equal to the nominal value of those shares.. Except in the case of a redemption of Accenture Holdings plc ordinary shares or a transfer of Accenture Holdings plc ordinary shares to Accenture plc or one of its subsidiaries, Accenture Holdings plc’s articles of association provide that Accenture Holdings plc ordinary shares may be transferred only with the consent of the Board of Directors of Accenture Holdings plc. In addition, all holders of ordinary shares (except Accenture plc) are precluded from having their shares redeemed by Accenture Holdings plc or transferred to Accenture Holdings plc, Accenture plc or a subsidiary of Accenture plc at any time or during any period when Accenture Holdings plc determines, based on the advice of counsel, that there is material non-public information that may affect the average price per share of Accenture plc Class A ordinary shares, if the redemption would be prohibited by applicable law or regulation, or during the period from the announcement of a tender offer by Accenture Holdings plc or its affiliates for Accenture Holdings plc ordinary shares, or any securities convertible into, or exchangeable or exercisable for, ordinary shares, until the expiration of ten business days after the termination of the tender offer (other than to tender the holder’s Accenture Holdings plc ordinary shares in the tender offer). Accenture Canada Holdings Inc. Exchangeable Shares Holders of Accenture Canada Holdings Inc. exchangeable shares may exchange their shares for Accenture plc Class A ordinary shares at any time on a one-for-one basis. Accenture may, at its option, satisfy this exchange with cash at a price per share generally equal to the market price of an Accenture plc Class A ordinary share at the time of the exchange. Each exchangeable share of Accenture Canada Holdings Inc. entitles its holder to receive distributions equal to any distributions to which an Accenture plc Class A ordinary share entitles its holder. The exchange of all of the outstanding Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares would not have a material impact on the equity ownership position of Accenture or the other shareholders of Accenture Holdings plc.. 8. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Holders of ordinary shares of Accenture Holdings plc have the ability, subject to the restrictions on redemption contained in Accenture Holdings plc’s articles of association and the Companies Act 2014 of Ireland (the “Companies Act”) and any contractual restrictions on redemption that may be applicable to a holder, to require that Accenture Holdings plc redeem all or a portion of such holder’s ordinary shares of Accenture Holdings plc. In that case, Accenture Holdings plc is obligated, subject to the availability of distributable reserves, to redeem any such ordinary shares of Accenture Holdings plc. The redemption price per share generally equals the average of the high and low sale prices of a Class A ordinary share of Accenture plc as reported on the New York Stock Exchange on the trading day on which Accenture Holdings plc receives an irrevocable notice of redemption from a holder of ordinary shares of Accenture Holdings plc if received prior to close of trading for that day, or on the following trading day if Accenture Holdings plc receives the irrevocable notice of redemption later than the close of trading on that day. Accenture Holdings plc may, at its option, pay the redemption price in cash or by instructing Accenture plc to deliver Class A ordinary shares on a one-for-one basis, subject to adjustment for dividends and share splits. In order to maintain Accenture plc’s economic interest in Accenture Holdings plc, Accenture plc generally will acquire additional Accenture Holdings plc ordinary shares each time additional Accenture plc Class A ordinary shares are issued..

(21) Table of Contents. ITEM 1A.. RISK FACTORS. In addition to the other information set forth in this report, you should carefully consider the following factors which could materially adversely affect our business, financial condition, results of operations (including revenues and profitability) and/or stock price. Our business is also subject to general risks and uncertainties that may broadly affect companies, including us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also could materially adversely affect our business, financial condition, results of operations and/or stock price. Our results of operations could be adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on our clients’ businesses and levels of business activity. Global macroeconomic and geopolitical conditions affect our clients’ businesses and the markets they serve. Volatile, negative or uncertain economic and political conditions in our significant markets have undermined and could in the future undermine business confidence in our significant markets or in other markets, which are increasingly interdependent, and cause our clients to reduce or defer their spending on new initiatives and technologies, or may result in clients reducing, delaying or eliminating spending under existing contracts with us, which would negatively affect our business. Growth in the markets we serve could be at a slow rate, or could stagnate or contract, in each case, for an extended period of time. Differing economic conditions and patterns of economic growth and contraction in the geographical regions in which we operate and the industries we serve have affected and may in the future affect demand for our services and solutions. Because we operate globally and have significant businesses in many markets, an economic slowdown in any of those markets could adversely affect our results of operations. Ongoing economic and political volatility and uncertainty and changing demand patterns affect our business in a number of other ways, including making it more difficult to accurately forecast client demand and effectively build our revenue and resource plans, particularly in consulting. Economic and political volatility and uncertainty is particularly challenging because it may take some time for the effects and changes in demand patterns resulting from these and other factors to manifest themselves in our business and results of operations. Changing demand patterns from economic and political volatility and uncertainty could have a significant negative impact on our results of operations.. Our revenue and profitability depend on the demand for our services and solutions with favorable margins, which could be negatively affected by numerous factors, many of which are beyond our control and unrelated to our work product. As described above, volatile, negative or uncertain global economic and political conditions and lower growth in the markets we serve have adversely affected and could in the future adversely affect client demand for our services and solutions. Our success depends, in part, on our ability to continue to develop and implement services and solutions that anticipate and respond to rapid and continuing changes in technology and offerings to serve the evolving needs of our clients. Examples of areas of significant change include digital-, cloud- and security-related offerings, which are continually evolving, as well as developments in areas such as artificial intelligence, augmented reality, automation, blockchain, Internet of Things, quantum computing and as-a-service solutions. Technological developments may materially affect the cost and use of technology by our clients and, in the case of as-a-service solutions, could affect the nature of how we generate revenue. Some of these technologies have reduced and replaced some of our historical services and solutions and may continue to do so in the future. This has caused, and may in the future cause, clients to delay spending under existing contracts and engagements and to delay entering into new contracts while they evaluate new technologies. Such delays can negatively impact our results of operations if the pace and level of spending on new technologies is not sufficient to make up any shortfall. Developments in the industries we serve, which may be rapid, also could shift demand to new services and solutions. If, as a result of new technologies or changes in the industries we serve, our clients demand new services and solutions, we may be less competitive in these new areas or need to make significant investment to meet that demand. Our growth strategy focuses on responding to these types of developments by driving innovation that will enable us to expand our business into new growth areas. If we do not sufficiently invest in new technology and adapt to industry developments, or evolve and expand our business at sufficient speed and scale, or if we do not make the right strategic investments to respond to these developments and successfully drive innovation, our services and solutions, our results of operations, and our ability to develop and maintain a competitive advantage and to execute on our growth strategy could be negatively affected.. 9. WorldReginfo - 39a8b342-5cca-48d0-b6be-32516afa8e8e. Our business depends on generating and maintaining ongoing, profitable client demand for our services and solutions, including through the adaptation and expansion of our services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect our results of operations..